Cycling cuts millions off nation's waist line, bottom line
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A report launched by Dr Rob Moodie, Professor of Global Health at the University of Melbourne's Nossal Institute, has found cycling currently saves an estimated $227.2 million per year in health costs in Australia. The report Cycling: Getting Australia Moving has placed a dollar value on cycling participation.
Dr Moodie said "this report demonstrates the considerable benefit offered to individuals and governments by cycling. Addressing the barriers preventing more Australians from cycling will deliver substantial savings to both government and the community".
As well as uncovering the economic benefits of cycling, the report examined the barriers currently preventing more Australians from getting out on two wheels.
Editor of the report and policy advisor with the Cycling Promotion Fund Elliot Fishman said "Safety concerns, a lack of skill/knowledge and limited bicycle friendly infrastructure and urban design were all found to impact negatively on cycling participation."
The report identifies a strong economic basis for investment in bicycle friendly programs and infrastructure. "Cycling is not just good fun, it's a good investment - delivering returns in health, climate change, congestion and petrol price relief," Fishman said. See the Cycling Promotion Fund's website for more, including PDFs of the full report and an executive summary.